Former president peres is sedated and on a respirator following a stroke. He won the 1994 Nobel Peace Prize for his work in reaching an interim agreement with the palestinians. A Russian Hacker Group was behind a Cyber Security breach that reportedly compromised private Health Records of u. S. Olympic athletes. Simone biles and the williams sisters were among those whose information was posted online. The hackers suggest the athletes got special permission to banned in brazil despite substances. Global news 24 hours a day powered by more than 2600 journalists and analysts in over 120 countries. Bloomberg west does next. Emily salesforce ceo calls out oracles desperation move. Our exclusive interview with marc benioff. Pokemon go might change mobile gaming forever. We will speak to the ceo of niantic ahead. The visionary that kick started googles self driving dreams. It is making it possible for anyone with an Internet Connection to join in. First, days after samsung recalled note seven
Investor competition is the bain of profits and the scourge of stocks. As we found today when the transports were clubbed for nearly 2 loss. But the nasdaq gaining 0. 3 yet the key dow jones transportation average got smashed today courtesy of too much competition. Competition in the airlines. See the transports they can cast a long shadow if not a paw over the entire stock market as they did for most of the day until the fed minutes were released to 2 00 p. M. They showed there were no plans for an imminent rate hike. The transportation stocks the truckers, the rails, the freight followers and airlines were often seen as commerce to come because if it isnt sold its shipped. Sometimes this kind of action is a sign not of a weakening trade picture overall but a potential potentially ruinous cut throat competition. Thats what is driving the group down at this very moment. What i didnt count on was that mad money is driving the dialogue causing the groups weakness. Specifically last night
Nfib Small Business optimism and we will get retail sales at 8 30 a. M. And earnings before the bell. Scarlet fu will take us through jpmorgan at 7 a. M. With earnings. Bill cohan will join us. How many big banks are there . Five or six. We will have earnings all week. We will have a lovely roundtable like states of the bank. Falling revenue. This is a data check. Everything is up a little bit after the fade yesterday. There is a lot of other Global Statistics just as weighty. Vxx was under 12 yesterday. Gold was 1250 when i walked in the door. The chinese currency is strong. Lira moves through new weakness. I dont want to overplay this. This is the beginning of the year and you can see we faded yesterday after 10 p. M. Its not a plunge. Busy yesterday about 3 p. M. And then it got even busier. We skerritt we scoured the papers. A new year, new leaf for congress . We have seen the house and Senate Negotiators agree on a budget through september. They unveiled a 1. 1 trillion spending p
The most expensive city in the country to live in. The issue is, are we going to create economic growth, how will you react that people cannot live here . It is interesting that the workers wanted to live in the city apparently and that is great. The people the thing people like about the city is in the way it is. It has been a diverse city. A city where economically, that is part of it . It is a challenge. It is hard to understand necessarily what the root of it is as people have very different views about what the problem is and there are a lot of folks who do not see it as a significant problem. That is why they have the whole bus issue where you have buses that are bringing people from the city down to Silicon Valley which should be good for the environment. And yet it seems as a symbol that something they may or may not heres marc benioff. Listen to what he had to say. You have a serious issue. The buses that are very symbolic. Very physical and you can see what is happening. Peop
Many jobs, the city takes off. The city has done a great job of creating jobs. For the past several years. The other side of that double edged sword is real estate has gone through the roof. The most expensive city in the country to live in. Is, are we going to create economic growth, how will you react that people cannot live here . It is interesting that the workers wanted to live in the city apparently and that is great oh stop great. The people the thing people like about the city is in the way it is. But it has been a diverse city. A city where economically, that is part of it . It is a challenge. It is hard to understand necessarily what the root of it is as people have very different views about what the problem is and there are a lot of folks who do not see it as a significant problem. That is why halve the hole bus that where you have buses are bringing people from the city down to Silicon Valley which should be good for the environment. A yes it seems as a symbol that somethi